Why STEEM and STEEM Dollars price Go Down?
steemit·@garokee·
0.000 HBDWhy STEEM and STEEM Dollars price Go Down?
 I saw the market capitalization and the price of STEEM and STEEM Dollars has gone down in the last few days despite of no bad news. It would be understandable if there is a bad news that would cause an alarm or panic. But it's strange because there was none and the price just started dropping. The Price of STEEM surge up to 8.77 STEEM/USD last January 3, 2018 and STEEM Dollars surge up to 15.44 SBD/USD last December 21, 2017. As of this writing, the Price of STEEM is 4.80 STEEM/USD and STEEM Dollar is 6.33. So how did this happen? What happened to STEEM that caused this kind of panic selling? Is it a classic scheme of "Pump and Dump"? Is STEEM is being hyped? Is STEEM and STEEM Dollar correcting and consolidating? What happened to the price of STEEM is what I don't know yet. There are also many major cryptocurrencies are also plunged and have a huge dip together with STEEM. I think STEEM is correcting and consolidating. I think it will go down further. I still have to see the graph later. Maybe if you know something, just write a comment below.
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